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SHOPRITE HOLDINGS LTD
SHP JSE

SHP
SHOPRITE HOLDINGS LTD JSE
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SHP forecasts

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SHP - Downward Momentum
SHP
, 1D Short
SHP: SHP - Downward Momentum

JSE:SHP is showing some good downward momentum and we could be looking at a short position. It is currently at a bit of a support level, but if it breaks through, I think we are good to go. The stochastic, MACD and EMAs are all confirming this move.

$JSESHP Shoprite Bullish looking flag building
SHP
, 1D
Long
SHP: $JSESHP Shoprite Bullish looking flag building

Currently trading off support and building what looks like a bull flag. Watch for a bull flag break for a 16000-17000 target range. Suggestion is to take half position now on support and another half when bull flag breaks. Stick to stop losses.

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